“The Gold Rally May Need to Cool Before Bitcoin Could Really Gain Momentum, Suggested Another Analyst.”, – WRITE: www.coindesk.com
Altcoins Followed the Move Higher But Didn’t Reclaim The Levels Seen Earlier in the Week. Ethereum Eth$ 4,519.13Ripple’s Xrp$ 2.9017Solana SOL$ 228.16, Doge$ 0.2578 an Avax$ 28.92 Each Added Between 1% and 3%. The Coindesk 20 Index, Which Tracks A Basket of Major Digital Assets, Rose 2%.
Looking at Crypto-Related Stocks, BTC MINERS Tied to High-Performance Computing Infrastructure Once Again Led Gains. CIPPER MINING (CIFR) and Bitfarms (Bitf) Jumped 11%-12%, While Cleanspark (CLSK) and Hut 8 (Hut) Added Armond 6%. The Gains Build on Optimism that Artificial Intelligence-Driven Demand for Computing Power Will Benefit Crypto Mines.
Meanwhile, Minutes from the September Federal Reserve Meeting Released on Wednesday Showed MOST Officials Still Anticipate Interest Rate Cuts Later this year. Some Policymakers, However, Argued a Cut Wasn’t Necessary in September, and The Majority Emphasized Upside Risks to Inflation.
Gold Still Leads The Debasement TradeDespite The Crypto Bounnce, Gold Continues to Lead the “Debasement Trade,” Surging Past $ 4,000 and Now Up 50% this year.
The Rally Is Fueled by Rising Government Deficits, Shaky Bond Markets and Expectations of Looser Monetary Policy. Japanese Yields Hit 17-Iear Highs this Week, Adding to Global Investor Anxiety and Sending Capital Town Gold As A SAFE HAVEN-ATTENSE OF RISK Assets Like Crypto.
Charlie Morris, Chief Investment Officer at Bytetree, SAID GOLD’S RALLY ISN’T BEING DRIVEN By SPECULATION.
“The Market is Hot, But Is Not Red Hot,” He Said. “If deficits, Money Printing, Instability and Rate Cuts Are Driving The Gold Price Higher, Perhaps Those Things Need to Change Before We Turn Bearish.”
“Gold Will Make An Intermediate Peak at Some Point, But It’s Best Not to Guess Who is and Wait for Evidence,“ He Added.
Bitcoin, he argued, could be the Next asset to catch a bid on the Gold’s Shine Fades, Pointing to the Largest Crypto’s Historical Role as a Secund-Wave Beneficiary in Macro
“WHEN GOLD STARTS TO COOL, The CHANCES Are That Bitcoin Will Get Going Again,” Morris Said.
Matthew Sigel, Head of Digital Asset Research at Vaneck, Reiterated in His Long-Term Outlook that Bitcoin Could Eventual CAPTURE HALF The Market Size of Gold.
That scenario, he explained in a tuesday x post, hinges on bitcoin as a “digital gold” being a more appeiling of the Value for Youner Generations.
With the Latest Gold Gaves, that Projection would Imply A $ 644,000 per Btc Price, He Said.
Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Combined Spot and Derivatives Trading on Centralized Exchanges Surged 7.58% to $ 9.72 Trillion in August, Marking The Highest Monthly Volume of 2025
- Gate Exchange Emerged As Major Player With 98.9% Volume Surge to $ 746 Billion, Overtaking Bitget to Become Fourth-Largest Platform
- Open Interest Across Centralized Derivatives Exchanges Rose 4.92% to $ 187 Billion
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The Funds Will Be Used to Expand the Company’s Credential Verification System Beyond Employment Into Healthcare and Education.
- Pantera Capital Has Led A $ 15 Million Seed Round for Transcrypts, Joined by Lightspeed Facility, Alpha Edison, and Other Investors.
- The Company Plans to Extend ITS Blockchain Credential Platform to Health and Education Records Following ITS HIPAA CERTIFICATION.
- Transcrypts Recently Won Condesk’s PitchFest at Consensus Hong Kong, Earning $ 10,000 in Tokens, A Trophy, and Ten A Ten.
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